if it were allowed to happen for more than a day or two. a horrible crisis can happen in other ways. for example, and this is something we really have to pay more attention to, the previous 10 leaders of the council of economic advisers -- maybe it was more -- from both parties, last year, jointly signed an open letter to congress and the administration saying, if we do not get this situation under control, one day, and no one knows when it will be, but for sure, one day, the bond market, all the people and institutions in the world to lend that money to the united states, will demand a higher interest rate. it will go up and up and up. when it does, what they said was we will have a financial crisis that will make the 2008 financial crisis look small.